2022
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GDP
$15BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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GDP GROWTH
-6.57%CURRENT US$
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GDP PC 
$505CURRENT US$
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GDP PC GROWTH
0.17%CURRENT US$
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GDP PC
$6,776CURRENT US$
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Madagascar-South Africa In 2022, Madagascar exported $152M to South Africa. The main products that Madagascar exported to South Africa are Knit T-shirts ($35M), Knit Sweaters ($20.5M), and Non-Knit Men's Suits ($11.9M). During the last 27 years the exports of Madagascar to South Africa have increased at an annualized rate of 14.8%, from $3.66M in 1995 to $152M in 2022.

In 2022, Madagascar did not export any services to South Africa.

South Africa-Madagascar In 2022, South Africa exported $315M to Madagascar. The main products that South Africa exported to Madagascar were Coal Briquettes ($124M), Delivery Trucks ($15.8M), and Refined Petroleum ($10.2M). During the last 27 years the exports of South Africa to Madagascar have increased at an annualized rate of 6.84%, from $52.7M in 1995 to $315M in 2022.

In 2022, South Africa did not export any services to Madagascar.

Comparison In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $152M to South Africa. The main products exported from Madagascar to South Africa were Knit T-shirts ($35M), Knit Sweaters ($20.5M), and Non-Knit Men's Suits ($11.9M). During the last 27 years the exports of Madagascar to South Africa have increased at an annualized rate of 14.8%, from $3.66M in 1995 to $152M in 2022.

In 2022, South Africa exported $315M to Madagascar. The main products exported from South Africa to Madagascar were Coal Briquettes ($124M), Delivery Trucks ($15.8M), and Refined Petroleum ($10.2M). During the last 27 years the exports of South Africa to Madagascar have increased at an annualized rate of 6.84%, from $52.7M in 1995 to $315M in 2022.

Exports from Madagascar (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and South Africa (Flag)

Madagascar Exports

South Africa Exports

Market Competitiveness

Color
Madagascar
Top Destination
United States$756M
South Africa
Top Destination
China$23.4B

This map shows whether countries import more from Madagascar or South Africa. Each country is colored based on the difference in imports they receive from Madagascar and South Africa or the difference in the growth in imports.

In 2021, countries that imported more from Madagascar than South Africa were Comoros ($7.03M) and Turks and Caicos Islands ($322k).

In 2021, countries that imported more from South Africa than Madagascar were China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - South Africa

Flow
Scale

This chart compares trade between Madagascar and South Africa by product, considering products traded by both, Madagascar and South Africa.

During 2022, Madagascar had a large net trade with South Africa in the exports of Textiles ($131M), Metals ($8.5M), and Chemical Products ($8.43M).

During 2022, South Africa had a large net trade with Madagascar in the exports of Mineral Products ($135M), Machines ($54.9M), and Transportation ($28.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Madagascar has comparative advantage over South Africa. Similarly, the more yellow a dot/product is, the more South Africa has comparative advantage over Madagascar.

Product Space of Madagascar (Flag) and South Africa (Flag) (2022)

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